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JPMorgan Japan Small Cap Growth &ome (LSE:JSGI) Effective Interest Rate on Debt % : 1.82% (As of Mar. 2024)


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What is JPMorgan Japan Small Cap Growth &ome Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. JPMorgan Japan Small Cap Growth &ome's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was £0.30 Mil. JPMorgan Japan Small Cap Growth &ome's average total debt for the quarter that ended in Mar. 2024 was £16.74 Mil. Therefore, JPMorgan Japan Small Cap Growth &ome's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.82%.


JPMorgan Japan Small Cap Growth &ome Effective Interest Rate on Debt % Historical Data

The historical data trend for JPMorgan Japan Small Cap Growth &ome's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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JPMorgan Japan Small Cap Growth &ome Effective Interest Rate on Debt % Chart

JPMorgan Japan Small Cap Growth &ome Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.94 0.84 1.44 1.66

JPMorgan Japan Small Cap Growth &ome Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.85 2.20 1.53 1.82

Competitive Comparison of JPMorgan Japan Small Cap Growth &ome's Effective Interest Rate on Debt %

For the Asset Management subindustry, JPMorgan Japan Small Cap Growth &ome's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JPMorgan Japan Small Cap Growth &ome's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Japan Small Cap Growth &ome's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where JPMorgan Japan Small Cap Growth &ome's Effective Interest Rate on Debt % falls into.


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JPMorgan Japan Small Cap Growth &ome Effective Interest Rate on Debt % Calculation

JPMorgan Japan Small Cap Growth &ome's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -0.301/( (19.446+16.737)/ 2 )
=-1  *  -0.301/18.0915
=1.66 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.446 + 0
=19.446

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.737 + 0
=16.737

JPMorgan Japan Small Cap Growth &ome's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.304/( (0+16.737)/ 1 )
=-1  *  -0.304/16.737
=1.82 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.737 + 0
=16.737

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


JPMorgan Japan Small Cap Growth &ome  (LSE:JSGI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


JPMorgan Japan Small Cap Growth &ome Effective Interest Rate on Debt % Related Terms

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JPMorgan Japan Small Cap Growth &ome Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Japan Small Cap Growth & Income PLC is a UK-based investment trust company. Its investment objective is to achieve long-term capital growth through investment in small and medium-sized Japanese companies. The company focuses on investing in a diversified portfolio of investments almost wholly invested in Japan, emphasizing capital growth rather than income. It mainly invests in Japanese quoted companies, UK and Japanese government bonds. The company evaluates its performance against its benchmark S&P Japan SmallCap NR in sterling terms.

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